Sei sulla pagina 1di 1

QP Code : 20UA147ECO5 4 / 32 B.Com.

-AU-16157

=Y„Ã[˝Ã[˝ TˆUÓa]…c˜ ÂU„Eı ◊X∂oˆ◊_◊FTˆ ◊[˝bÃ^m◊_ ◊[˝„[˝ªJÙXÁY…[˝ÔEı AEı◊ªRÙO Y◊Ã[˝[˝ÓÃ^ ◊[˝[˝Ã[˝S› Y“ÿô«ˆTˆ EıÃ[˝”X :
Prepare the statement of cost considering the above information and the additional
information as mentioned below :
%◊Tˆ◊Ã[˝N˛ TˆUÓ (Addl. informations ) :
(i) Rent, rates A[˝e insurance EıÁÃ[˝FÁXÁÃ[˝ LXÓ (60%) A[˝e %◊Zı„aÃ[˝ LXÓ (40%).
Rent, rates and insurance relate to factory (60%) and office (40%)
(ii) Electricity %◊Zı„aÃ[˝ LXÓ (70%) A[˝e office (30%).
Electricity relates to factory (70%) and office (30%).
2. ◊X∂oˆ◊_◊FTˆ TˆUÓa]…c˜ 01.06.2017-ÂTˆ £Ã[˝” 50,00,000 ªRÙOÁEıÁÃ[˝ AEı◊ªRÙO [˝ÁQÕˆ› ◊X]ÔÁS ªJ«Ù◊N˛ a+◊EÔıTˆ :
The following information relates to a building contract for Rs. 50,00,000 started on
01.06.2017 :
31st March, 31st March,
2018 2019
Rs. Rs.
Materials issued 11,00,000 8,70,000
Direct wages 9,80,000 8,30,000
Direct expenses 60,000 50,000
General overhead apportioned ? ?
(30% of the direct wages)
Plant issued 6,60,000 2,00,000
Materials returned 33,000 12,000
Materials cost due to fire 52,500 —
Insurance claim received on the
materials lost 44,000 —
Materials at site (31st March) 28,600 11,000
Plant at site (31st March) 6,05,000 7,40,000
Value of work certified 31,00,000 50,00,000
Cost of work not certified 60,000 —
Cash received from contractor 90% 90%
(% of work entitled)
2017-18 A[˝e 2018-19 Ac˜O V«c˜O [˝ªK˜„Ã[˝Ã[˝ ªJ«Ù◊N˛EıÁ^Ô aey‘Á‹ôˆ ◊c˜aÁ[˝ (Contract account) A[˝e ªJ«Ù◊N˛
EıÁ^ÔÁ„VÃ^EıÁÃ[˝›Ã[˝ ◊c˜aÁ[˝ (Contractee account) Y“ÿô«ˆTˆ EıÃ[˝”X A[˝e %a]Áä EıÁL (work-in-progress)
◊Eı\ˆÁ„[˝ 31.03.2018 TˆÁ◊Ã[˝„FÃ[˝ =•Tˆ¤ Y‰y Y“V◊`ÔTˆ c˜„[˝ TˆÁ ÂVFÁX*
Prepare Contract account and Contractee account for two years 2017-18 and 2018-19
and show how the work-in-progress will appear in the Balance Sheet as on 31.03.2018.

=w¯Ã[˝ / Answer :

Potrebbero piacerti anche